The S&P 500 gained 0.2%, remaining close to the record high it reached on Tuesday. By 9:53 a.m. Eastern time, the Dow Jones Industrial Average was down 21 points, or less than 0.1%, while also trading near its all-time high. The Nasdaq composite advanced 0.2%.
While the requirement to provide a crèche is not new for many employers, the Labour Codes introduce a more comprehensive framework governing how such benefits may be provided, administered and accessed by employees.
GOBARdhan or the Galvanizing Organic Bio- Agro Resources Dhan scheme aims to push for the production of compressed bio-gas. The scheme has six pillars: assured offtake, price stability, capex support, pipeline infra development, credit guarantee, and challenge fund for innovation.
Under the proposed changes, the Central government would be empowered to specify, through a notification, the electronic payment modes or transactions that must continue to remain free of charges.
A year since the whole penal tariff cycle began – India now faces uncertainty related to its Russian crude purchases. A new Russia related sanctions bill in the US may see the light of the day if passed this year implying that Trump would have the power to impose tariffs on India again.
In a significant move, the Trump administration has reimbursed nearly one hundred billion dollars in tariffs after the Supreme Court ruled against wide-ranging duties. By July, around sixty percent of these tariffs were refunded to importers. The court’s decision emphasized that the existing law did not provide blanket authority for imposing tariffs. Moving forward, Trump
MCX Gold has breached from its consolidation and is heading toward the recent swing highs, pointing to an intermediate bullish move underway. Silver has stepped out of its consolidation and is now aligning with the base trend, a near-term recovery looks well on the cards. Much like gold’s positive trend, silver is expected to hold
Oil prices edged lower as investors assessed Iran-Oman talks for peace. Brent crude futures fell, and US West Texas Intermediate also declined. Market sentiment focused on diplomatic efforts to resolve tensions between Tehran and Washington. Fresh US inventory data showed crude oil stockpiles increased significantly. Geopolitical risks remain elevated with warnings of retaliatory attacks.
Top stock market recommendations: Ambuja Cements, Asahi India Glass, and Pfizer – these stocks have been identified as the top buy calls for August 6, 2026 by Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth Management. The expert has also shared outlook on Nifty50 and Bank Nifty:
